CGMU vs MBND
Capital Group Municipal Income ETF compared with State Street Nuveen Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
CGMU
Capital Group Municipal Income ETF
TTM yield · Monthly
MBND
State Street Nuveen Municipal Bond ETF
TTM yield · Monthly
Quick take
- MBND yields more today: 3.63% vs 3.47% (forward).
- Both pay every month.
- Over the last year CGMU delivered the higher total return: +0.9% vs -1.8% (price change plus payouts).
- CGMU is cheaper to own: 0.27% vs 0.40% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CGMU | MBND |
|---|---|---|
| Share price | $26.62 | $25.93 |
| TTM yield | 3.47% | 3.63% |
| Forward yield | 3.47% | 3.63% |
| Annual payout per share | $0.925 | $0.94 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 30, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.27% | 0.40% |
| 1-year payout growth | +1.4% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | — |
| Payout consistency (last 12) | 90/100 | 98/100 |
| 1-year total return | +0.9% | -1.8% |
| 1-year price return | -2.5% | -5.2% |
| Size (market cap / AUM) | 6.8B | 25.8M |
| Years paying | 3.9 | 5.6 |
| Sector / category | Muni National Interm | Muni National Interm |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CGMU | MBND | |
|---|---|---|
| Shares | 375.7 | 385.7 |
| Income per year | $347 | $363 |
| Income per month (avg) | $29 | $30 |
At forward yields, before taxes. Model CGMU · Model MBND
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CGMU Oct 30, 2026 | Nov 13, 2026 | $0.0771 | Est. |
| CGMU Nov 30, 2026 | Dec 14, 2026 | $0.0771 | Est. |
| CGMU Dec 31, 2026 | Jan 14, 2027 | $0.0771 | Est. |
| MBND Oct 31, 2026 | Nov 14, 2026 | $0.0783 | Est. |
| MBND Nov 30, 2026 | Dec 14, 2026 | $0.0783 | Est. |
| MBND Dec 30, 2026 | Jan 13, 2027 | $0.0783 | Est. |
Annual payouts per share
CGMUMBND
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CGMU or MBND?
MBND currently has the higher trailing yield: CGMU yields 3.47% and MBND yields 3.63%. Yield changes daily with price, so check the live figures above.
How often do CGMU and MBND pay?
CGMU pays every month and MBND pays every month. CGMU's next ex-date is Oct 30, 2026 and MBND's is Oct 31, 2026.
Is CGMU or MBND better for income?
It depends on what you are optimising for. CGMU and MBND differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.